allery'I promise to pay B Rs 500 seven days after my marriage with C.' This is:
AA bill of exchange
BA valid promissory note
CValid if stamped
DInvalid, since the promise is conditional on an uncertain event
Answer & Solution
Correct answer: D. Invalid, since the promise is conditional on an uncertain event
A promise to pay must be unconditional
marriage with C may or may not happen, so the instrument is not a valid promissory note (contrast a payment on D's death, which is certain).
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